Boosted by the first interest rate cut by the Federal Reserve in four years, overnight European and American stock markets rose across the board, with expectations of a &#34;soft landing&#34; pushing US stocks to hit a new historical high, led by tech stocks.
On Friday, September 20th, Asian stock markets rose across the board, with the Nikkei leading the gains. The Bank of Japan kept its latest interest rate decision unchanged as expected, and the bank's governor later stated that the risk of inflation rising was receding, causing the yen to fall and drop by about 70 points in the short term.
The momentum in European and American stock markets paused, with European stocks collectively opening lower and US stock index futures showing little movement. Nike surged over 7% after appointing a new CEO, while FedEx fell over 12% after its earnings report.
<blockquote>
The pre-market momentum in US stocks paused, with little movement in the three major index futures, and Nasdaq futures fell by 0.1%. Nike surged over 7%, while FedEx fell over 12% after earnings.
European stocks opened lower collectively, with the Euro Stoxx 50 index falling by 0.5%. Mercedes-Benz European stocks fell by over 7% after the company lowered its 2024 performance guidance.
The Nikkei surged by 2%. Kawasaki Heavy Industries rose by over 6%, Mitsui &amp; Co., Ltd., LASERTEC rose by over 4%. The KOSPI index in South Korea rose to 1% at one point, with Korean-American semiconductors rising by over 4%, SK Hynix rising by over 3%, and Samsung Electronics rising by 2% at one point. The Taiwan Weighted Index rose by 0.67%, with TSMC rising by over 1%. The MSCI Asia-Pacific Index expanded its gains to 1.3%.
The yen fell by about 70 points in the short term, with Kazuo Ueda stating that the risk of rising inflation is easing.
Spot gold continues to strengthen, hitting a new historical high of $2607.07 per ounce.
</blockquote>
[Update at 16:02]
US stock index futures showed little movement, with Nasdaq futures and S&amp;P 500 index futures slightly down, while Dow futures slightly up.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/18e62a1e-73cc-460c-9abb-89ad65eae945.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/18e62a1e-73cc-460c-9abb-89ad65eae945.png"/>
In pre-market trading, Nike surged over 7%, appointing Elliott Hill as CEO to replace John Donahoe.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/bf2eadff-3f48-4f7c-b43a-fca80fa89a37.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/bf2eadff-3f48-4f7c-b43a-fca80fa89a37.png"/>
FedEx fell over 12% as its first-quarter financial report fell short of expectations and the company lowered its full-year guidance.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/59f9f1c1-0583-43bf-95b5-276b67c12607.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/59f9f1c1-0583-43bf-95b5-276b67c12607.png"/>
[Update at 15:05]
European stocks opened lower collectively, with the Euro Stoxx 50 index opening down by 0.5%, the German DAX index down by 0.5%, the UK FTSE 100 index down by 0.6%, and the French CAC 40 index down by 0.3%
Mercedes-Benz Group revised its 2024 performance guidance, citing further deterioration in the macro environment. It is expected that the full-year adjusted ROS for automobiles will be 7.5%-8.5%, down from the previous estimate of 10%-11%. EBIT (earnings before interest and taxes) for this year is expected to be lower than the previous year.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/f879efe5-3890-4e59-9e0d-9a3736c86d13.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/f879efe5-3890-4e59-9e0d-9a3736c86d13.png"/>
[15:00 Update]
The USD/JPY pair rose by about 70 points in the short term, currently trading at 142.48. Bank of Japan Governor Haruhiko Kuroda mentioned that the upward risks to inflation have eased.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/7d036a8b-35a4-43c4-92cc-7d35b33f5b4e.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/7d036a8b-35a4-43c4-92cc-7d35b33f5b4e.png"/>
Spot gold prices rose by about $10 in the short term, hitting a historical high of $2607.07 per ounce.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/1696d18f-88c9-49e0-93ce-f7015862ae78.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/1696d18f-88c9-49e0-93ce-f7015862ae78.png"/>
[11:37 Update]
After the BOJ interest rate decision announcement, the USD/JPY pair fell by over 50 points, briefly dropping below 142.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/b622999c-684e-4b8c-873c-575c7caeb9fe.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/b622999c-684e-4b8c-873c-575c7caeb9fe.png"/>
As of the midday close, the Nikkei 225 Index rose by 2.12%.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/c07a26c2-cb93-489b-bdb2-f807389519ce.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/c07a26c2-cb93-489b-bdb2-f807389519ce.png"/>
The KOSPI Index in South Korea increased by 0.77%.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/f3d4878c-ee2e-465b-8479-8e6db6f78b33.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/f3d4878c-ee2e-465b-8479-8e6db6f78b33.png"/>
[10:00 Update]
The MSCI Asia Pacific Index expanded its gains to 1.35%.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/b98bf5bb-ad6e-413f-b655-2c74a9b49f52.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/b98bf5bb-ad6e-413f-b655-2c74a9b49f52.png"/>
The yen reversed its decline, with the USD/JPY pair slightly down by 0.08% intraday, trading at 142.52.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/97586547-857f-4770-91be-328a6f7c2536.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/97586547-857f-4770-91be-328a6f7c2536.png"/>
[8:33 Update]
The Nikkei 225 Index saw its gains widen to 2%.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/f1fbc375-f6f2-4c58-bcdb-94facb0e3552.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/f1fbc375-f6f2-4c58-bcdb-94facb0e3552.png"/>
【8:10 Update】
The Nikkei 225 Index opened up 1.5% and continued to rise, currently up 1.9%. The KOSPI Index in Seoul, South Korea, opened up 0.9% and then rose over 1%.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/dc926907-2296-41a0-84bc-273bbb4c248b.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/dc926907-2296-41a0-84bc-273bbb4c248b.png"/>
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/d958b77e-a3c1-448f-b6ba-edb69bf8997f.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/d958b77e-a3c1-448f-b6ba-edb69bf8997f.png"/>
The Japanese Yen slightly declined against the US Dollar.
<img src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/e575e551-02fb-41cd-85c4-4cc7df1dd3a0.png?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" alt="" original-src="https://imageproxy.pbkrs.com/https://wpimg-wscn.awtmt.com/e575e551-02fb-41cd-85c4-4cc7df1dd3a0.png"/>
Continuous updates in progress

.SPX

.IXIC

.DJI

Pre-market futures for the three major US stock indexes are relatively stable. The Nikkei 225 Index rose by over 2%, while SK Hynix surged by over 4% at one point. The Governor of the Bank of Japan stated that the upward risks of inflation are diminishing, leading to a decline in the Japanese yen. Spot gold rose to $2607, hitting a new historical high

- Following the Federal Reserve's first interest rate cut in four years, global stock markets surged, with U.S. stocks reaching new highs led by technology shares.  
- In Asia, the Nikkei index rose by 2%, while the South Korean KOSPI index increased by 1%, despite the Japanese yen weakening after comments from the Bank of Japan's governor about easing inflation risks.  
- European markets opened lower, with the Stoxx 50 index down 0.5%, as companies like Mercedes-Benz revised their earnings forecasts downward amid a deteriorating macroeconomic environment.

Wallstreetcn

SPDR Gold Shares

S&P 500

NASDAQ Composite Index

Dow Jones Industrial Average

Pro Ultrshrt Yen

The European and American stock markets paused their rise, with FedEx falling more than 12% and Mercedes-Benz European stocks dropping more than 7%. The Japanese yen reversed its decline, while gold hit a new high